Mahmoud Awad mohamed
Riyad,saudi arabia
Summary
Highly skilled finance professional with extensive experience in financial planning and analysis, budgeting, forecasting, and IFRS/SOCPA-compliant reporting. Adept at cost control, profitability analysis, VAT and tax compliance under ZATCA regulations, and effective cash flow management. Proficient in ERP systems including SAP, Oracle, and Microsoft Dynamics. Demonstrates strong leadership in supervising finance teams, coordinating audits, and implementing risk mitigation strategies. Known for advanced analytical thinking, strategic decision-making, and a commitment to driving operational efficiency and cross-functional collaboration to support organizational growth.
Overview
13
13
years of professional experience
4
4
years of post-secondary education
Work History
Finance manager
Alshafi Medical Company
Riyadh, Riyadh Region
01.2023 - Current
- Developed and implemented financial strategies aligned with company goals.
- Led budgeting, forecasting, and financial planning processes.
- Prepared and presented monthly, quarterly, and annual financial reports to management.
- Managed cash flow, liquidity, and banking relationships.
- Analyzed cost structures, profitability, and provided recommendations for improvement.
- Ensured compliance with financial regulations, taxes, and audit processes.
- Led and mentored the finance and accounting team.
- Oversaw financial systems and ERP modules for accuracy and efficiency.
Deputy Finance Manager
Alshafi Medical company
Riyadh, Riyadh Region
01.2020 - 12.2022
- Assisted the Finance Manager in overseeing all accounting and financial operations, including budgeting, forecasting, and financial reporting.
- Supervised the accounting team, reviewed journal entries, and ensured compliance with IFRS and local regulations.
- Monitored cash flow, managed bank relations, and ensured liquidity for operational needs.
- Reviewed and analyzed monthly and quarterly financial statements, identifying variances and presenting findings to senior management.
- Coordinated with external auditors, tax authorities, and regulatory bodies to ensure timely compliance and audit readiness.
- Supported strategic financial planning and provided insights for cost control, profitability, and operational efficiency.
Chief accountant
Alshafi Medical Company
Riyadh, Riyadh Region
01.2015 - 12.2019
- Supervised daily accounting operations, including general ledger, accounts payable/receivable, and bank reconciliations.
- Prepared monthly, quarterly, and annual financial statements in accordance with IFRS.
- Managed closing processes and ensured accuracy and timeliness of financial reports.
- Reviewed and approved journal entries, reconciliations, and supporting documentation.
- Coordinated with external auditors and ensured compliance with SOCPA and tax regulations.
- Led and trained a team of junior accountants, providing guidance on accounting procedures and best practices.
Accountant
Alshafi Medical Company
Riyadh, Riyadh Region
08.2012 - 12.2014
- Assisted in the preparation of monthly and annual financial reports for management review.
- Ensured accurate VAT calculations and timely filing in compliance with Saudi tax regulations.
- Supported internal controls by maintaining organized and auditable financial records.
- Prepared and recorded journal entries, general ledger reconciliations, and monthly closing procedures.
- Managed accounts payable and receivable, ensuring accurate and timely processing.
- Reconciled bank statements and resolved discrepancies.
Accountant
Al-Aziziyah Medical Complex
Riyadh, Riyadh Region
04.2012 - 07.2012
- Prepared and recorded journal entries, general ledger reconciliations, and monthly closing procedures.
- Managed accounts payable and receivable, ensuring accurate and timely processing.
- Reconciled bank statements and resolved discrepancies.
Education
Bachelor's degree in - Commerce
Assiut University
Assiut, Egypt 10.2006 - 05.2010
Skills
- Financial Planning & Analysis (FP&A)
- Budgeting & Forecasting
- Financial Reporting (IFRS & SOCPA)
- Cost Control & Profitability Analysis
- VAT & Tax Compliance (ZATCA regulations)
- Bank Reconciliation & Cash Flow Management
- Internal Controls & Risk Mitigation
- Audit Coordination (Internal & External)
- Team Leadership & Staff Supervision
- ERP Systems (SAP, Oracle, Microsoft Dynamics)
- Advanced Microsoft Excel (Pivot Tables, VLOOKUP, Financial Models)
- Decision-Making & Strategic Thinking
- Attention to Detail & Analytical Skills
- Effective Communication & Cross-Department Collaboration
- Time Management & Meeting Deadlines
Languages
Arabic
Native
English
Intermediate
Timeline
Finance manager
Alshafi Medical Company
01.2023 - Current
Deputy Finance Manager
Alshafi Medical company
01.2020 - 12.2022
Chief accountant
Alshafi Medical Company
01.2015 - 12.2019
Accountant
Alshafi Medical Company
08.2012 - 12.2014
Accountant
Al-Aziziyah Medical Complex
04.2012 - 07.2012
Bachelor's degree in - Commerce
Assiut University
10.2006 - 05.2010
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